Qld flood buyback scheme inundated with 800 applications

More than a year after the record 2022 deluge, the scheme has attracted interest from 60 per cent more homeowners than expected.

set up to enable the purchase of about 500 severely flood-affected homes.

3 comments

Inundated with applications...just like those houses.

I'll see myself out.
What do you want to bet these properties are sold back to developers in the coming decades?
- Asset recycling- it’s the new cool thing!